The debits to Work in Process$$Roasting Department for Daybreak Brew Coffee Company for August, together with information concerning production, are as follows:

Work in process, August $1,700$ pounds, $50\%$ completed $$3,360*$

$*$Direct materials $(700$ X $$4)$ $$2,800$

Conversion $(700$ X $50\%$ X $$1\mathrm{.}6)$ $$560$

$$3,360$

Coffee beans added during August, $22,000$ pounds $$86,900$

Conversion costs during August $37,434$

Work in process, August $31,1,100$ pounds, $70\%$ completed $?$

Goods finished during August, $21,600$ pounds $?$

Question Content Area

All direct materials are placed in process at the beginning of production.

a$.$ Prepare a cost of production report, presenting the following computations:

Direct materials and conversion equivalent units of production for August

Direct materials and conversion costs per equivalent unit for August

Cost of goods finished during August

Cost of work in process at August $31$

If an amount box does not require an entry, leave it blank. For the cost per equivalent unit, round your answer to two decimal places.

LU$03$ Homework assignment take frame

Costs incurred in August

Total costs accounted for by the Roasting Department

Costs allocated to completed and partially completed

units:

Inventory in process, August $1$ balance

To complete inventory in process, August $1$

Cost of completed August $1$ work in process

Started and completed in August

Transferred to finished goods in August $(3)$

Inventory in process, August $31(4)$

Total costs assigned by the Roasting Department

b$.$ Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month $($July$).$ If required, round your answers

to the nearest cent.